Financial Regulatory Administration: Restructuring and Integration of Small and Medium Banks is an Inevitable Trend

On November 13, Wang Shengbang, director of the Legal Department of the Financial Regulatory Administration, stated at the Caixin Summit that the restructuring and integration of small and medium banks is a global trend. Data shows that from 1990 to 2025, the number of banking legal entities in the United States will decrease from 12,300 to 3,800, a decline of about 69%; in Germany, it will drop from 4,500 to 1,300, a decline of over 71%. The domestic digital transformation is accelerating, financial competition is intensifying, and the Central Economic Work Conference proposed to promote the reduction and quality improvement of small and medium financial institutions, emphasizing that "reducing legal entities does not mean reducing services." This will be achieved through absorption, mergers, and restructuring to reduce the number of legal entities of small and medium banks, enhance the stability of the banking system, improve the quality and sustainability of financial supply, and enhance the adaptability of the economy and finance.

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